Bills › 90th General Assembly
Where it is now
- Done: IntroducedJanuary 30, 2023
- Done: SubcommitteeJanuary 31, 2023
- Done: Senate committeeMarch 2, 2023
- Skipped: Passes the SenateContinued as SF 495
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 495 → Its progress continues under the new number. Go to SF 495 What’s a funnel?
What’s in it
AI summary This law updates how electronic records and signatures are defined to include blockchain technology. It also protects businesses from certain lawsuits if they use a strong cybersecurity program that follows recognized industry standards to protect private information. These programs must be designed to prevent identity theft and must match the size and complexity of the company using them.1
Read the official explanation
This bill relates to cybersecurity programs and blockchain technology. The bill changes the definitions of “electronic record” and “electronic signature” in the uniform electronic transactions Act to include blockchain technology. The bill creates affirmative defenses for entities using cybersecurity programs and provides definitions. The bill provides that a covered entity seeking an affirmative defense must use a cybersecurity program for the protection of personal information or both personal information and restricted information and the cybersecurity program must reasonably conform to an industry-recognized cybersecurity framework. A cybersecurity program must protect the security and confidentiality of the information, protect against any anticipated threats to the information, and protect against unauthorized access to and acquisition of the information that is likely to result in a material risk of identity theft. _____ and scope of the covered entity’s activities, sensitivity of the information, and the cost and availability of tools and resources to improve information security. A covered entity that satisfies the above requirements is entitled to an affirmative defense to a tort claim that alleges that the failure to implement reasonable information security controls resulted in a data breach concerning personal information or restricted information. The bill provides industry-recognized cybersecurity frameworks that the covered entity should follow and reasonably comply to in order to qualify for the affirmative defense. The bill does not provide a private right to action, including a class action.
Changed since by amendments S-3155, H-1071; see Amendments.
Senate subcommittee
Named January 31, 2023. On February 28, 2023 it recommended amendment and passage. [].
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Iowa Code it changes
Creates§554G.1§554G.2§554G.3§554G.4
Amends§554D.103
Lobbying
4 for · 2 against · 42 undecided · Who →
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90th General Assembly
Earlier and later bills are matched by wording or an identical title.
Tried before
This idea has been filed in an earlier General Assembly. None got through a chamber.
- HSB 555 HSB 55589th General Assembly · Approved by committee · nearly identicalCleared committee
Matched by wording or an identical title.